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Ripple Technical Analysis for 06/16/2017 – Bears Fight Back
Ripple is still trending lower after the upside break past the channel resistance proved to be a fake out. Price dropped right back to the…
Ripple Technical Analysis for 06/15/2017 – Reversal Underway
Ripple recently broke out of its descending channel pattern on the 1-hour time frame then zoomed up to the 0.3000 major psychological mark. This held…
Ripple Technical Analysis for 06/14/2017 – Still in Correction Mode
Ripple is still on a downtrend but is in the middle of a correction to its descending channel resistance. This area lines up with the…
Ripple Technical Analysis for 06/13/2017 – Downtrend Gaining Traction
Ripple continues to trend lower after recently breaking below a short-term consolidation pattern and completing a pullback. Price now appears to be forming a descending…
LTCUSD Technical Analysis for 06/12/2017 – Bulls Charging
LTCUSD was previously trading inside a descending channel pattern but has broken past the resistance, indicating that a reversal is underway. Price has yet to…
Ripple Technical Analysis for 06/09/2017 – Bulls Regaining Control
Ripple is stuck in consolidation, moving inside a range with support around 0.2700 and resistance at 0.3000. Price is hovering close to the top of…
Ripple Technical Analysis for 06/08/2017 – Bulls Regaining Control
Ripple was previously consolidating inside a descending triangle formation visible on its 1-hour and 4-hour time frames. Price just recently broke to the upside to…
Ripple Technical Analysis for 06/07/2017 – Looming Selloff Versus Bitcoin
Ripple seems to be bracing for a major drop against bitcoin as it formed a head and shoulders pattern on its 4-hour time frame. Price…
Ripple Technical Analysis for 06/06/2017 – Descending Triangle Consolidation
Ripple recently made a breakout from a descending trend line and has pulled back for a retest. However, price is consolidating at the moment in…
